Algebra with finance final exam

If Max's federal income tax bracket is 33% and his gross income is $24,388, How much does he owe in taxes?

• $8,048.04

• $73,903.03

• $90.41

• $183.44

Tags

CCSS.6.EE.B.6

If gross inccome is $24,388, Social Security is 6.2%, and Medicare is 1.45%, what is the Social Security Tax due?

• $3,536.26

• $15,120.56

• $353.53

• $1,512.06

Tags

CCSS.6.RP.A.3C

Shania bought a $1,455 drum set on the installment plan. The installment agreement included a 15% down payment and 18 monthly payments of $80.78 each. How much is Shania's down payment?

• $21.83

• $97

• $80.78

• $218.25

Tags

CCSS.7.EE.B.4A

Carly took a $7,000, 3-year loan with an APR of 3.15%. What is Carly's monthly payment?

• $302.94

• $18.73

• $204.03

• $17.37

Bob invests $10,000 today for a 30 year term and receives 10% annual SIMPLE INTEREST on the investment.  How much will Bob have after 30 years?

• $30,000
• $3,000
• $40,000
• $10,000

Tags

CCSS.HSF.BF.A.2

Josephine is looking for a new part-time job as a plumber. She responds to an ad for a position that pays $44.5K. What would her weekly salary be to the nearest cent if she gets this job?

• 44500

• 855.77

• 927.08

• 1711.54

Tags

CCSS.6.NS.B.3

Frank got a new job through the Valley Recruiting Service. The job pays $51K per year, and the agency fee is equal to 35% of one month's pay. How much must the employer pay the agency?

• 4250

• 1487.50

• 17850

• 6247.50

Tags

CCSS.6.EE.B.7

Carole worked her 40 regular hours last week plus 5 overtime hours at the time-and-a-half rate. Her gross pay was $926.25. What is her regular hourly rate?

• 19.5

• 926.25

• 45

• 27.50

Tags

CCSS.7.EE.B.4A

Tania earns $16 per hour at the Glendale Florist. She regularly works 40 hours per week. She is paid time-and-a-half for each hour of overtime work. Last week she worked 43 hours. What was her gross pay for the week?

• 640

• 712.00

• 1032

• 960

Tags

CCSS.7.EE.B.4A

Jim received a total piecework paycheck of $291.81. He receives 71 cents per unit produced. How many units did he produce?

• 3

• 207.19

• 2071.90

• 411

Tags

CCSS.6.NS.B.3